Dividend Income

September Dividend Income and Net Worth Report – 2021

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September was an interesting month.  The market declined considerably, decimating net worth.  However, dividend income set a new record high and monthly dividend growth supplanted last month out of its top 3 status.

September Dividend Income

This month I received $3,625.93 in dividend income!  On average, I was paid $38.99 from 93 different payments!  This month’s dividend income is a MASSIVE 33.07% increase over September 2020.
That’s $901.2 more dividend income than last September!

Dividend Income - September 2021


Here is a chart of my passive dividend income progress over the last 5 years.

The dividend portfolio has been updated.

Here are the dividend stock purchases I’ve made between September 2020 and 2021 that have added to this dividend income growth.

September’s dividend income covers all my expenses for the month!

September Dividend Growth (Dividend Increases)

Here are the realized dividend increases I collected this September.  I thought dividend growth was great last month but September takes the cake!  This month we received a huge increase in dividend growth especially compared to last September (which was the worst month for dividend decreases)!  This month’s dividend growth leaps over last month to take a seat in the top 3 all time dividend growth months!

This September I received 12 dividend increases! Eight of the dividend increases were over 10%!!!

Dividend Increases - September 2021


September’s dividend increase adds a fantastic $197.46 in annual dividend income. These 12 dividend increases are the equivalent of investing an extra $5,641.71 of new money at 3.5% yield!

Net Worth

Net worth halts its upward trend!

Let’s do the numbers…

September 2021 Net Worth

Cash

Cash declined again this month.  I am continuing to reduce my cash cushion in-order to increase my dividend stock purchases.  With roughly 6 years experience in planning, saving and investing for early retirement, I am much more comfortable minimizing my reliance on my cash training wheels.  The current market conditions help guide that decision as well. 😉

Real Estate

Another slow month for real estate.  The current plan for the rental is to have it paid off in 2 years.  Though, I have changed this plan before,  I go back and forth on it as the monthly mortgage is just a few hundred bucks.  While I’m paying extra on it currently, it’s not much.  I’d rather have that extra cash in the market then in full ownership of the rental (at the moment).  The only real, self imposed, requirement is to have the rental paid off prior to retirement.  That won’t be a problem.

For September, our electricity bill was $205 and our gas bill was $34.  This electricity bill is only down about $10 from last year. On the other hand our gas bill is a lot cheaper now that we were moved to a new gas provider! That is about $30 less than last year for a total of $239.

Our rental is doing great and we received our rent check on time and zero service calls!

Wrap-up

Even with the market dipping and dragging down net worth, this turned out to be a really great month.  Dividend income soared to new record highs and dividend growth ranked into my top 3 months!   Last September, my dividend cuts totaled (-312.69)… but one year later, even though 4 of those companies haven’t reinstated their dividend yet, dividend growth is setting new records.  (I’ve added a lot of new money since then as well.)

I’m going to keep looking for and investing in the best dividend stock deals I can find.  I hope you do too!

I'm a dividend growth investor who is aiming to retire early in 4 years at the age of 45. My goal is to live off the income my dividend portfolio and rental property produce exclusively and leave the corporate rat race. I hope you will join me in this journey!

2 Comments

  1. Amazing stuff DP! Over $3,600 is incredible and I can’t wait for us to get there although that’s still a good time from now. Hopefully quick than I expect though.

    • Thanks JC! It definitely happens quicker when you pay attention and work towards the goal constantly! We are both well on our way to reach our goals!

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